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Lloyds Banking Group

Insurance, Pensions and Investments Summer Intern Review

at Lloyds Banking Group

Internship (1 Month+)

Insurance and Risk Management

Edinburgh

Review Submitted: August 2025

Overall Rating

4 /5

The Overall Rating is the average of all the ratings given in each category. We take those individual ratings and combine them into one final score!

3/5 - Overview of Role
4/5 - Skills Development
5/5 - Support and Guidance
4/5 - Company Culture
3/5 - Overall Experience
5/5 - Future Career Prospects

Overview of Role

Please give an overview of your role and what this involves on a day-to-day basis.
Learning about annuity products - set up, servicing, pricing. Supporting journey to modernise process of annuity applications and servicing. Reviewing workflow processes and logging. Mapping customer experiences. Collaborating with other departments.
Were you given much responsibility during your placement / internship?
Was involved in many different pieces of work but less individual responsibility.
Please rate how meaningful the work you were doing was
3/5

Skills Development

Have you learnt any new skills, or developed your existing skills?
Learned Verbal and written communication in a corporate environment.
Fluency in pensions products and investment strategies.
Developed scheduling and taking initiative.
How would you rate the training provided during your experience?
4/5
How would you rate your development of industry-specific skills during the experience?
4/5
How would you rate your development of personal / soft skills during the experience?
4/5
Please rate how these skills have helped you in your career development
4/5

Support and Guidance

How much support and guidance did you receive during your placement / internship?
Highly supportive team and line manager. Everyone was incredibly keen to help and teach me how the business operates or explain their role. Colleagues from wider business areas were equally as approachable and supportive - always willing to take time out their schedules to meet and show me what they do.
How would you rate the support and guidance from your line manager?
5/5
How would you rate the support and guidance from the wider team?
5/5

Company Culture

What was the company culture and general atmosphere like?
As mentioned in support and guidance, culture values across the group are clearly evidenced. Genuine supportive atmosphere and kind, patient colleagues.
Personally did not particularly like the significant emphasis on working from home and lack of office attendance, often made it harder to form closed connections with colleagues (despite their friendliness) as there was little face-to-face interaction - especially prominent consideration as a short term placement worker.
How would you rate the inclusiveness of the culture?
4/5
How would you rate the social opportunities?
2/5
How would you rate the diversity initiatives?
5/5
How would you rate the charity, sustainability and corporate social responsibility (CSR) initiatives?
5/5

Overall Experience

To what extent did you enjoy your placement / internship?
My internship was enjoyable but lack of human interaction definitely detracts. Would of also been very useful to have greater emphasis on connecting other interns (events, in-person learnings, social opportunities) - there were no other interns/graduates seated around me or within my team meaning I had to make very conscious effort to meet them.
Please rate your level of enjoyment on your placement / internship
3/5
Please rate how your experience met your expectations
3/5

Recommendations & Advice

Would you recommend Lloyds Banking Group to a friend?
Yes
What advice would you give to others applying to Lloyds Banking Group
Be prepared for random allocations within divisions. Come in with an open mind and reach out to as many interesting teams and roles as you can for shadowing or a chat - they are always happy to assist.

Future Career Prospects

Please rate the future employment prospects at Lloyds Banking Group
5/5
Did you receive an offer to return as a graduate?
Waiting to hear
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